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If the Most Optimistic and Pessimistic Times for a Task

question 3

Multiple Choice

If the most optimistic and pessimistic times for a task are 3 and 11 days respectively,then the variance for the duration of the activity ______.

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Definitions:

Products

Products are goods or services offered by a business to satisfy consumer needs or wants.

Costs

The values of resources expended in order to achieve a certain objective, such as production or delivering services.

Iso-profit Line

A graphical representation in economics showing all possible combinations of two inputs that yield the same profit level.

Producing

The act of creating, manufacturing, or generating goods or services.

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